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501/31 Grattan Street, Prahran$600,000
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For Saleapartment

501/31 Grattan Street

Prahran, VIC 3181, Australia
$580,000 – $620,000
2 bed 2 bath 1 car

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About this property

Expressions Of Interest Closing Tue 4 Aug 2.00pm. High above the Prahran streetscape within the acclaimed Emporia building, this corner two bedroom, two bathroom apartment captures sweeping northwest views across Melbourne's CBD, South Yarra and towards the bay from a light filled fifth floor setting. Designed by Carr Design with lift access, secure entry and a beautifully resolved floorplan, it delivers privacy, architectural quality and a rare sense of arrival via the luxurious lobby. A generous living and dining area sits beneath broad expanses of glass, drawing northern and western light across dark timber floors and framing the skyline as part of everyday life. The adjoining curved balcony creates a distinctive viewing point across the surrounding rooftops and city towers, offering a sheltered place to sit, read or take in the changing light over Melbourne. The kitchen reflects Emporia's refined design credentials, appointed with a Snaidero Italian kitchen, stone benchtops, integrated Liebherr fridge and freezer, Asko appliances, gas cooking and excellent storage. Its streamlined connection to the living and dining space keeps the apartment feeling open, elegant and highly functional. Two double bedrooms include a main bedroom with built in robes, ensuite and balcony access, while the second bedroom with built-in robes is served by a stylish main bathroom. A separate study nook with integrated desk and shelving adds further practicality without compromising the main living space. A European laundry, video intercom, split system heating and cooling, secure genuine basement car space (not car stacker) and storage cage complete the apartment, adding lock and leave ease to a sophisticated inner city address. With Prahran Market just across the road, cafes, restaurants, trams, Greville Street, Chapel Street, Commercial Road, Fawkner Park and South Yarra all close by, this is a polished lifestyle apartment with design pedigree, excellent security and one of Prahran's most dynamic lifestyle settings at ground level.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
2
Bathrooms
2
Parking
1
Listed
3 days ago

Repayment calculator

$2,909/month
$1,454 /fortnight
Loan $480,000 at 6.10% over 30 years

Upfront costs

Deposit$120,000
Stamp duty$31,070
Conveyancing (est.)$2,000
Total upfront$153,070
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Prahran

This 2-bedroom apartment in Prahran, VIC 3181 sits within reach of public transport, local shops local amenities. It is listed 2% below the $612,500 median of 54 comparable apartmentswithin 5 km.

What's nearby

  • Stop 46: Chatham Street (tram)351 m away
  • Bonds305 m away
  • Unnamed86 m away
  • Unnamed161 m away
  • Unnamed169 m away

Prahran at a glance

Full suburb profile
Population
12,203
Median age
34
Household income
$2,121/wk
Median rent
$421/wk
Median mortgage
$2,274/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Prahran price trend

Median sold · Unit 2 bed

Compound growth -1.5% / yr over 4 yrs

$605kcurrent median

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Price history

Price history

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1 price change recorded for this property

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